NEWS： Japan's April mechanical orders increased by 2.8%
please contact sales@tanchin.hk for any inquiry
A Reuters survey released on Friday showed that Japan's April mechanical bounce has brought some relief to the background of the economic downturn in the first quarter of the economy.
Mechanical order data is highly volatile, and is regarded as a leading indicator of capital expenditure in the next six to nine months. According to Reuters survey of 16 analysts, Japan's core machinery orders grew by 2.8% in April compared with the previous month and 3.9% in March.
Core machinery orders grew by 3.9%, down 2.4% in March.
"The willingness of enterprises to invest in capital in response to the shortage of labor and the renewal of old and old facilities is robust, and we expect that core machinery orders will grow, especially in the manufacturing sector," said Hirotaka Yazawa, general research economist at Mizuho.
Japan's 1-3 month economy has shrunk for the first time in nine quarters, dragged down by weak consumer spending and slowing exports.
Analysts predict that the Japanese economy will resume mild growth in the second quarter, but as trade frictions with the United States escalate, the Japanese economy is likely to be in the top.
The cabinet office will publish machinery orders data at 8:50 am June 11th (GMT time June 10th 2350).
The survey also showed that analysts predicted that the Central Bank of Japan's 14-15 - day meeting in June would maintain a negative 0.1% - change target for short-term interest rates and a 10 - year Japanese bond yield of around zero.
please contact sales@tanchin.hk for any inquiry
PREVIOUS:Bearing side cover packing Improvement
Bearings
products
- Bearing side cover packing Improvement
- Bearing anchor design on the inside of the outer edge of the bearing housing fou
- Single row cylindrical roller bearing structure with ordinary single row cylindr
- Stiffness of the support shaft supported by rolling stiffness depends on the sti
- TANCBEARING NSK Bearings 3210A size parameters
